Short Interest in Telefónica, S.A. (OTCMKTS:TEFOF) Expands By 19.3%

Telefónica, S.A. (OTCMKTS:TEFOF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,639,300 shares, a growth of 19.3% from the December 31st total of 2,212,700 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 4,398.8 days.

Telefónica Price Performance

Shares of TEFOF opened at $4.27 on Friday. The company’s fifty day moving average price is $4.25 and its 200-day moving average price is $4.53. Telefónica has a 1-year low of $3.67 and a 1-year high of $5.13.

Telefónica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.